Catalog
| Issuer | Riksens Ständers Wäxel-Banco |
|---|---|
| Year | 1748-1761 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#82 |
| Obverse description | Plain undecorated note executed entirely in letterpress and manuscript on aged laid paper, with the arched heading 'Banco-Transport-Sedel' and a serial number in the upper portion. A large ornate initial capital introduces the body text, which sets out the transfer note obligation in Swedish, referencing the denomination of 9 Daler Kopparmynt payable at the Banco upon presentation; the note is dated Stockholm with a manuscript day and year circa 1750s, and carries two manuscript signatures, one in the upper body area and one below. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is entirely plain, consisting of blank aged laid paper with only the bleed-through impression of the obverse letterpress text and manuscript visible in mirror image through the thin sheet, divided by prominent horizontal and vertical fold lines consistent with long circulation use. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Riksens Ständers Wäxel-Banco — the Estates of the Realm's Exchange Bank, founded in 1668 and the direct institutional ancestor of Sveriges Riksbank — issued this note during one of the most chaotic monetary episodes in Swedish history. The denomination is expressed in daler kopparmynt, the copper-based unit that by the mid-eighteenth century had fallen so far against the silver daler that conversion rates had become a source of constant public dispute. Nine daler kopparmynt was not a large sum; the denomination existed largely to service the mechanical demands of daily accounting rather than any particular commercial need.
The "Cap and Hat" political crisis of the 1730s–1760s directly destabilized the Bank, as the ruling Hat party expanded note issuance well beyond the metal reserves held in Stockholm to finance an ill-conceived war against Russia. Inflation followed. The kopparmynt notes issued during this window were increasingly distrusted, and the series was eventually withdrawn following the monetary reform of 1776 that consolidated Swedish currency onto a single silver standard.